White House slams China’s ‘weak’ tariff threat and ‘lousy’ economy

Top White House economic adviser Larry Kudlow on Friday ridiculed China s threat of US$60 billion of retaliatory tariffs as weak and said the world s second-largest economy was in significant trouble .
After China threatened to impose new retaliatory tariffs on a variety of American goods everything from beef to condoms the war of words between Washington and Beijing escalated yet further.
Warning that China had better take President...